The USDCAD also traced out a key reversal yesterday, suggesting that perhaps the rally above 10007 composes wave b of a flat rather than the next leg up. Divergence with RSI is evident on the daily as well. If a flat is unfolding, then price will drop below 9725 before staging yet another reversal. This is my best guess – a move above 10025 would demand respect as a breakout candidate.